The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1887-12-28
the 4th DayOf February, '8S.

II such vote shall DO In favor OF such app,oprla.
uon any snescrlption thereof by this Board or iis
lowing: Tho ta,dku Of Thrso Hundred thousand
Dollars ihall be subscribed to tho capital htOck nj
The wheeling Harrisburg, Railway Company OF
West Virginia. and such subscription shall DO nay.
able Is follows: Fifty thousand dollars when nj
least one hundred thousand dollars shall have
been expended by tho railway company in ,he
construction Of tho bridge aioresaid and lIiv
thousand dollars shall have been expended by tho
oil terminals as Aforesaid In tho county OF Ohio Tho
second Atty thousand dollars shall 30 paid when
two hundred thousand dollars shall have been ex.
pended BY tho railway company In the colsiruc.
ton OF tho said bridge. and one hundred thou,anu
dollars shall have been expended by tho railway
company In the purchns, and construction OF The
tetminan aforesaid In tho county OF Ohio. Tho
three hundred thousand dollars shall have been
expended BY tho railway company In tho con.
struotion OF the raid bridge, and ono hundred aud
BY said railway company In the purchase and con.
Btruction OF tho terminals Aforesaid. The fourth
hity thousand dollars shall be laid when four
hundred thousand dollars shall have been expeud.
ca by the railway company In the construction o,
the said bridge, and two hundred thousand dol.
lars shall have been expended by said railway
company In the purchase and construction OF tho
terminals Aforesaid. The remaining ono hundred
thousand dollars shall DO paid when said bridge
and tunnel shall have been completed. and when
q new railroad from the bridge TO Bowerstou in
the State Of Ohio, shall have been constructed
ready for the passage OF trains, or shall In tho
Judgment Of tho Board OF Commissioners, be SO
lar advanced In construction rs to practically as
sure its completion, aud when the sum OF three
hundred thousand dollars shall have been ex.
pended In the purchase aud construction OF such
terminals. -.-.l.. Is -5-e5s ~ 80. 4
PROVIDED, That II the construction OF the said
bridge aud railroad from the said bridge to Bowers
lonl Ohio, shall not be In good faith commenced
within eight months from the date OF the makingo
such subscription, 1t be authorized or being com
menced. shall not be completed. and have cars
running oyer the said railroad and bridge into the
four years from the date OF making such Subscrn
tion, and such further time IS may be rendered
necessary By litigation which could not reasonably
be avoided then the said Board she'll be at liberty
three hundred thousand dollars which may not
have become payable under the terms Of this ori
nance. and II said subscription DO authorized, the
said subscription within thirty DAY after The same
may be offered BY the Board or It's agent But the
Board OF Commissioners may, forEood cause shown
extend the time for the commencement or con.
pletlon OF the work. The agreement Of subscription
shall stipulate on behalf Of the Wheeling
4 Harrisburg Railway Company OF West Virginia,
and Its successors, that any and every railroad
heretofore or hereafter constructed shall have the
right to connect It's tracks with the cks OF said
railway company extending ever said bridge and
the approaches thereto and 10 transport It's aims
oyerssd bridge and approaches, upon paying com.
tons and on such reasonable icrms as said railway
company shall prescribe: and TINT said railway
company, or It's successors shall transport ali cars
or freight and passengers, over raid bridge and
over said terminal tracks In the city OF wheeling
and Benwood, III said terminal system is cxtepdei
to the latter p0int) and the charge for transport.
Ing any freight car upon or over said terminal sys
tenn shall not exceed two dollars per car, and said
railway company shall permit the aforesaid use Of
It's tracks and perform the Aforesaid services for
any and every railroad now or hereafter built Into
tbs said city OF Wheeling. or Bcnwood or Martins
Ferry, without Discrimination, eIthor as 10 charges
tor Ee privileges or service, or as to the manner
PROVIDED, Said railway company, or It's success.
sors, shall not DO required 10 transfer any freight
car upon or over It's terminal system for any rail-.
road company which shall not perform a like ser.
vice upon or over It's track In the city OF Wheeling
or Bcnwood, or Martins Ferry, for said railway
company, or ssucce4sors, ut like charge for like
service he stock 10 be Issued under said sub.
Scripton shall, II the said Boud OF Commissioners
elect at the time OF making the subscription, be
madea preferred stock, TO the effect that ten per
cent OF tho net earnings Of said railway company,
after paying operating expenses, naiutenalce,
taxes, interest, and necessary Improvements,
shall be applied TO the redemption and retire.
ment OF said stock at par The said election
shall be held by tho following named Commits.
sloatrs who are hereby appolntd for that purpose,
that IL 10 say: 1g, :, r-'sT 10 10 .-''